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Mitsui takes stake in Esmertec

Posted: 23 Nov 2004 ?? ?Print Version ?Bookmark and Share

Keywords:mitsui? java software? esmertec? wireless? embedded?

Japanese conglomerate Mitsui is investing $8.6 million in Swiss Java software specialist Esmertec as part of a strategic collaboration to exploit opportunities in Asia-Pacific in the wireless and embedded sectors.

The investment bolsters Esmertec's already flourishing business in the region, notably in supplying wireless Java-based applications (J2ME) for mobile phone suppliers.

The partnership with the Japanese trading group extends Esmertec's commercial exploitation of emerging opportunities in the wireless and embedded sectors to potential joint investments with other companies in the region.

- John Walko

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